Russian wheat no longer competitive

30.01.2019

In the tender of January 29, Egypt purchased French wheat for the first time this season.  In addition, it bought wheat from Romania. A total 360 KMT of wheat was purchased there for delivery on March 11-20, 2019, at an average price of $262.77/MT C&F. The purchase price in the previous tender equaled $264.87/C&F, reports UkrAgroConsult.

So, the purchase included the following:

 

Quantity, KMT

Origin

Shipper

FOB ($)

Freight ($)

C&F ($)

1

60

Romania

ADM

249.89

11.45

261.34

2

60

Romania

COFCO

250.76

11.45

262.21

3

60

Romania

Cargill

252.00

10.50

262.50

4

60

France

Glencore

247.80

17.15

264.95

5

60

France

Glencore

247.80

15.00

262.80

6

60

France

Soufflet

247.80

15.00

262.80

In the previous tender on January 9, Egypt bought 415 KMT of milling wheat from Russia to be delivered on February 20-28, 2019.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" by UkrAgroConsult.

If you need fast and reliable analytical tool, historical and current market data, daily updates on grain, oilseed and pulses markets, try out a new innovative tool for agri market participants – AgriSupp.com. We offer 2-week trial! Completely free!

 

UkrAgroConsult

Readers choice: TOP-5 articles of the month by UkrAgroConsult